ULAAN OVOO NEWS RELEASES

August 17, 2011 - Prophecy Makes New Coal Discovery 17 km From Its Ulaan Ovoo Coal Mine in Mongolia (Core Photo and Map Included)

June 29, 2011 - Prophecy Makes Landmark Shipment of Coal to Buryatia Province of Russia from Mongolia Map

June 14, 2011 - Prophecy Secures Far East Russian Sea Port Allocation and Provides Ulaan Ovoo Mine Production Update

May 4, 2011 - Prophecy Acquires Prospective Claims Near Its Ulaan Ovoo Mine In Mongolia

March 23, 2011 - Prophecy Provides Operation Update and Production Forecast at Ulaan Ovoo

January 5, 2011 - Prophecy Enters MOU for 1.2 Million Tonnes Per Year Coal Offtake With JUST Group

December 16, 2010 - Prophecy Files Prefeasibility Study for the Ulaan Ovoo Coal Mine in Mongolia

November 11, 2010 - Prophecy Receives Permit To Mine at Ulaan Ovoo in Mongolia, Opening Ceremony November, 20. (Ceremony photos included)

October 14, 2010 - Prophecy Resource Corp Announces Mine Commission Inspection Complete at Ulaan Ovoo in Mongolia. First Coal Shipment to Power Plant in Progress.

August 26, 2010 - Prophecy provides update on Ulaan Ovoo Mine preparation, Mongolia

June 7, 2010 - Prophecy & Sojitz Corp Sign Cooperation Agreement to Jointly Market Ulaan Ovoo Coal to China

June 4, 2010 - Prophecy Completes Transportation Study On Its Ulaan Ovoo Coal Project And Tenders For Trucking Contracts From Mine Site To Railroad Offload (transport cost table included)

May 11, 2010 - Prophecy Contracts Leighton For Q3 Coal Production At Ulaan Ovoo, Mongolia

March 18, 2010 - Preparations Underway for Mongolian Coal Production